We buy surplus in bulk. Click here to get a free valuation.

Surplus Machinery

BFB MS500 35 CPM 230/460 VOLTS 50/60 HERTZ | Overwrappers

  • Machinery Dimensions: 94.49 x 55.12 x 78.74 in
  • Capacity Speed: 35 CPM
  • Model: MS500
  • Manufacturer Name: BFB
  • Machinery Weight: 1543.22 lb
  • Year: 1996
  • Frequency: 50/60 HERTZ
  • Voltage: 230/460 VOLTS
  • Located in: Europe

We buy BFB MS500 35 CPM 230/460 VOLTS 50/60 HERTZ in bulk. Click here to get a free valuation.

Finn Aqua 1000-H-6 1000 L/HR | Water Purification and Still Systems

  • Machinery Dimensions: 12 x 8 x 5 FT
  • Capacity Speed: 1000 L/HR
  • Model: 1000-H-6
  • Manufacturer Name: Finn Aqua
  • Machinery Weight: 7500 LBS
  • Year: 1986
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Finn Aqua 1000-H-6 1000 L/HR in bulk. Click here to get a free valuation.

Thermo Scientific Dionex DIONEX ICS 1000 1500 3000 5000 | Ion Chromatography

  • Model: DIONEX ICS 1000 1500 3000 5000
  • Manufacturer Name: Thermo Scientific Dionex
  • Located in: North America

We buy Thermo Scientific Dionex DIONEX ICS 1000 1500 3000 5000 in bulk. Click here to get a free valuation.

Lanfranchi L2-SR16 + T12-SBP-MOR 16908-170-07 380 VOLTS 50 HERTZ | Unscramblers

  • Machinery Dimensions: 137.80 x 98.43 x 98.43 in
  • Serial Number: 16908-170-07
  • Model: L2-SR16 + T12-SBP-MOR
  • Manufacturer Name: Lanfranchi
  • Phase: 3+1
  • Machinery Weight: 13227.60 lb
  • Voltage: 380 VOLTS
  • Year: 2007
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Located in: France

We buy Lanfranchi L2-SR16 + T12-SBP-MOR 16908-170-07 380 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Thermo Fisher Scientific Exactive | Mass Spectrometers

  • Machinery Weight: 386 LBS
  • Machinery Dimensions: 33 x 36 x 37 IN
  • Model: Exactive
  • Manufacturer Name: Thermo Fisher Scientific
  • Type of Mass Spec: MSD
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: North America

We buy Thermo Fisher Scientific Exactive in bulk. Click here to get a free valuation.

Applied Materials Inc 0242-34890 11507-22 35-50 LBS 145 PSI | Actuators

  • Serial Number: 11507-22
  • Model: 0242-34890
  • Machinery Dimensions: 10 x 7 x 20 IN
  • Capacity Speed: 145 PSI
  • Capacity Size: 35-50 LBS
  • Type of Actuator: PNEUMATIC
  • Machinery Weight: 30 LBS
  • Manufacturer Name: Applied Materials Inc
  • Recommended Packaging Form: 19C (22X15X13)
  • Located in: CA, USA

We buy Applied Materials Inc 0242-34890 11507-22 35-50 LBS 145 PSI in bulk. Click here to get a free valuation.

Speedway CT90CA 15 AMPS 60 HERTZ 120 VOLTS | Tablet or Capsule Bottle Filling Lines

  • Machinery Dimensions: 10 x 3 x 5 FT
  • Serial number: 010406
  • Model: CT90CA
  • Manufacturer Name: Speedway
  • Machinery Weight: 500 LBS
  • Current: 15 AMPS
  • CE Marked: NO
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy Speedway CT90CA 15 AMPS 60 HERTZ 120 VOLTS in bulk. Click here to get a free valuation.

Randolph 500 21102. Carbon Steel 115-208 VOLTS 50/60 HERTZ 5 AMPS | Miscellaneous

  • Machinery Dimensions: 43 x 24 x 42 IN
  • Voltage: 115-208 VOLTS
  • Tubing Size: 3/8
  • Housing Material: Carbon Steel
  • Serial Number: 21102.
  • Manufacturer Name: Randolph
  • Model: 500
  • Current: 5 AMPS
  • Machinery Weight: 300 LBS
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • CE Marked: NO
  • Phase: 1
  • Located in: Forest, VA, USA

We buy Randolph 500 21102. Carbon Steel 115-208 VOLTS 50/60 HERTZ 5 AMPS in bulk. Click here to get a free valuation.

Alpha Bio ABS0224-SYS-00 09-0005, P22513, 898712, 05C5007316 208-460 VOLTS 60 HERTZ 8.85 AMPS | Ultrafiltration Skids

  • Machinery Weight: 500 Pounds
  • Machinery Dimensions: 31 x 50 x 82 IN
  • Current: 8.85 AMPS
  • Voltage: 208-460 VOLTS
  • Model: ABS0224-SYS-00
  • Serial Number: 09-0005, P22513, 898712, 05C5007316
  • Manufacturer Name: Alpha Bio
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 60 HERTZ
  • Located in: MA, USA

We buy Alpha Bio ABS0224-SYS-00 09-0005, P22513, 898712, 05C5007316 208-460 VOLTS 60 HERTZ 8.85 AMPS in bulk. Click here to get a free valuation.

Hitachi L-7400 | HPLC

  • Model: L-7400
  • Manufacturer Name: Hitachi
  • Located in: North America

We buy Hitachi L-7400 in bulk. Click here to get a free valuation.

Server Lift SL-500x 120 VOLTS 60 HERTZ 10 AMPS | Servers

  • Machinery Weight: 455 LBS
  • Machinery Dimensions: 44 x 24 x 69 IN
  • Model: SL-500x
  • Manufacturer Name: Server Lift
  • Current: 10 AMPS
  • Year: 2017
  • Phase: 1
  • Voltage: 120 VOLTS
  • Recommended Packaging Form: CUSTOM PALLET
  • Frequency: 60 HERTZ
  • Located in: PA, USA

We buy Server Lift SL-500x 120 VOLTS 60 HERTZ 10 AMPS in bulk. Click here to get a free valuation.

Hitachi TM-1000 0307-10 | Microscopes

  • Machinery Weight: 238.10 lb
  • Machinery Dimensions: 55.91 x 18.90 x 20.47 in
  • Type of Microscope: ELECTRON
  • Model: TM-1000
  • Serial Number: 0307-10
  • Manufacturer Name: Hitachi
  • Year: 2008
  • Located in: Germany

We buy Hitachi TM-1000 0307-10 in bulk. Click here to get a free valuation.

Joul JWS7500E | Wafer Thickness Measurement

  • Model: JWS7500E
  • Manufacturer Name: Joul
  • Machinery Dimensions: 48 x 40 x 60 IN
  • Year: 1999
  • Machinery Weight: 500 LBS
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: East Asia/Pacific

We buy Joul JWS7500E in bulk. Click here to get a free valuation.

Sullair 20-150 WCAC 24KT 121 KW 12 BAR 115/125 VOLTS | Compressors

  • Machinery Weight: 7350 LBS
  • Machinery Dimensions: 120 x 72 x 68 IN
  • Produce Being Compressed: 616
  • Voltage: 115/125 VOLTS
  • Pressure Rating: 12 BAR
  • Capacity Size: 121 KW
  • Model: 20-150 WCAC 24KT
  • Hours: 103000
  • Manufacturer Name: Sullair
  • CE Marked: YES
  • Phase: 1
  • Located in: North America

We buy Sullair 20-150 WCAC 24KT 121 KW 12 BAR 115/125 VOLTS in bulk. Click here to get a free valuation.

Tektronix Inc. TDS640A B041035 | Miscellaneous

  • Machinery Dimensions: 17 x 17 x 9 IN
  • Model: TDS640A
  • Serial Number: B041035
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 29 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: Hillsboro, OR, USA

We buy Tektronix Inc. TDS640A B041035 in bulk. Click here to get a free valuation.

PIM T2 2000 L/HR STAINLESS STEEL 250 BAR 380 VOLTS | Homogenizers

  • Machinery Dimensions: 3.28 x 3.28 x 3.94 ft
  • Pressure Rating: 250 BAR
  • Temperature Rating: 60 DEG F
  • Capacity Speed: 2000 L/HR
  • Model: T2
  • Centipoise Product Range for Machine: milk
  • Manufacturer Name: PIM
  • Year: 2018
  • Voltage: 380 VOLTS
  • Machinery Weight: 1543.22 lb
  • Material of Construction: STAINLESS STEEL
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM PALLET
  • Phase: 3
  • Located in: Bulgaria, Bulgaria

We buy PIM T2 2000 L/HR STAINLESS STEEL 250 BAR 380 VOLTS in bulk. Click here to get a free valuation.

Various ROLLER CONVEYOR | Conveyors

  • Machinery Dimensions: 47.24 x 47.24 x 7.87 in
  • Type of Conveyors: ROLLER CONVEYOR
  • Guide Rails: NO
  • Manufacturer Name: Various
  • Machinery Weight: 330.69 lb
  • Recommended Packaging Form: CUSTOM
  • CE Marked: NO
  • Located in: Mexico

We buy Various ROLLER CONVEYOR in bulk. Click here to get a free valuation.

Perkin Elmer OPTIMA 7000 DV 220 VOLTS 50/60 HERTZ 2800 VA | ICP

  • Machinery Dimensions: 52 x 32 x 30 IN
  • Current: 2800 VA
  • Heating Cooling Requirements: 132
  • Model: OPTIMA 7000 DV
  • Year: 2010
  • Machinery Weight: 1000 LBS
  • Manufacturer Name: Perkin Elmer
  • Voltage: 220 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Brazil

We buy Perkin Elmer OPTIMA 7000 DV 220 VOLTS 50/60 HERTZ 2800 VA in bulk. Click here to get a free valuation.

Illumina CBOT 200913 100/240 VOLTS 50/60 HERTZ 500 WATTS | Sequencers

  • Machinery Dimensions: 11.81 x 27.56 x 19.69 in
  • Serial Number: 200913
  • Model: CBOT
  • Manufacturer Name: Illumina
  • Current: 500 WATTS
  • Machinery Weight: 37.48 lb
  • Voltage: 100/240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Antwerpen, Belgium

We buy Illumina CBOT 200913 100/240 VOLTS 50/60 HERTZ 500 WATTS in bulk. Click here to get a free valuation.

Unknown | Tables

  • Machinery Dimensions: 35 x 23 x 35 IN
  • Table Type: U-SHAPED
  • Table Type: 4-SIDED
  • Machinery Weight: 330 LBS
  • Machinery Dimensions: 47.24 x 31.50 x 31.50 in
  • Machinery Weight: 1102.30 lb
  • Recommended Packaging Form: CUSTOM
  • Located in: Wales, United Kingdom

We buy Unknown in bulk. Click here to get a free valuation.

De Dietrich BE6300 73654 GLASS LINED 2001.77 gal 118.11 in 78.74 in 400 VOLTS 50 HERTZ | Reactors

  • Machinery Weight: 15046.39 lb
  • Machinery Dimensions: 110.24 x 125.98 x 125.98 in
  • Inside Diameter: 78.74 in
  • Jacket Temperature Rating: -25 to 200 DEG C
  • Jacket Pressure Rating: -1 to 12 BAR
  • Internal Temperature Rating: -25 to 175 DEG C
  • Internal Pressure Rating: -1 to 6 BAR
  • Glass Lined - Has Vessel Been Spark Tested: YES
  • Model: BE6300
  • Capacity of Reactor: 2001.77 gal
  • Serial Number: 73654
  • Manufacturer Name: De Dietrich
  • Straight Side: 118.11 in
  • Type of Agitation: 3 BLADE RETREAT
  • Reactor Material of Construction: GLASS LINED
  • Agitator Location: TOP
  • Agitation: YES
  • Voltage: 400 VOLTS
  • Year: 2015
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 3
  • Located in: Antwerp, Belgium

We buy De Dietrich BE6300 73654 GLASS LINED 2001.77 gal 118.11 in 78.74 in 400 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Rudolf Deckert CL-110 09.087 6 BAR 240 VOLTS 50 HERTZ | Cottoners

  • Machinery Dimensions: 108.27 x 37.40 x 75.59 in
  • Model: CL-110
  • Serial Number: 09.087
  • Manufacturer Name: Rudolf Deckert
  • Machinery Weight: 1763.68 lb
  • Voltage: 240 VOLTS
  • Air Requirements: 6 BAR
  • Year: 2009
  • Frequency: 50 HERTZ
  • CE Marked: YES
  • Phase: 1
  • Located in: Debrecen, Hungary

We buy Rudolf Deckert CL-110 09.087 6 BAR 240 VOLTS 50 HERTZ in bulk. Click here to get a free valuation.

Analytik Jena AG-Germany Specord 50/60 HERTZ | Spectrophotometers

  • Machinery Dimensions: 23.62 x 11.81 x 27.56 in
  • Model: Specord
  • Manufacturer Name: Analytik Jena AG-Germany
  • Machinery Weight: 66.14 lb
  • Year: 2004
  • Frequency: 50/60 HERTZ
  • Located in: Austria

We buy Analytik Jena AG-Germany Specord 50/60 HERTZ in bulk. Click here to get a free valuation.

JustRite 25450 45 GALS | Miscellaneous

  • Model: 25450
  • Manufacturer Name: JustRite
  • Machinery Dimensions: 19 x 43 x 66 IN
  • Capacity Size: 45 GALS
  • Machinery Weight: 250 LBS
  • Recommended Packaging Form: PALLET
  • Located in: Forest, VA, USA

We buy JustRite 25450 45 GALS in bulk. Click here to get a free valuation.

MSP Corporation 4510 4510-0008 100-240 VOLTS 50/60 HERTZ 4 AMPS | Rinsers

  • Machinery Dimensions: 30 x 35 x 26 IN
  • Model: 4510
  • Serial Number: 4510-0008
  • Manufacturer Name: MSP Corporation
  • Current: 4 AMPS
  • Machinery Weight: 175 LBS
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy MSP Corporation 4510 4510-0008 100-240 VOLTS 50/60 HERTZ 4 AMPS in bulk. Click here to get a free valuation.

Titan SSCS-213-18-1-48-BEMH 316 STAINLESS 316 STAINLESS 500 PSI | Heat Exchangers/Condensers

  • Machinery Dimensions: 18 x 18 x 42 IN
  • Tube Pressure Rating: 500 PSI
  • National Board #: 1040
  • Model: SSCS-213-18-1-48-BEMH
  • Manufacturer Name: Titan
  • Tube Material of Construction: 316 STAINLESS
  • Shell Material of Construction: 316 STAINLESS
  • Orientation: HORIZONTAL
  • Type of Heat Exchanger: SHELL AND TUBE
  • Machinery Weight: 300 LBS
  • Year: 2013
  • Located in: PR, USA

We buy Titan SSCS-213-18-1-48-BEMH 316 STAINLESS 316 STAINLESS 500 PSI in bulk. Click here to get a free valuation.

TEL TE-5000 ATC | Wet Etch

  • Model: TE-5000 ATC
  • Manufacturer Name: TEL
  • Machinery Dimensions: 84 x 84 x 72 IN
  • Year: 1991
  • Year: 1992
  • Year: 1993
  • Machinery Weight: 5000 LBS
  • Recommended Packaging Form: CUSTOM
  • Located in: East Asia/Pacific

We buy TEL TE-5000 ATC in bulk. Click here to get a free valuation.

Ryson MHBR 055-020-030-010 220 VOLTS 60 HERTZ CARBON STEEL 15 IN SPIRAL CONVEYOR Spiral Slats | Conveyors

  • Model: MHBR 055-020-030-010
  • Machinery Dimensions: 83 x 72 x 176 IN
  • Type of Conveyor Belt: Spiral Slats
  • Manufacturer Name: Ryson
  • Belt Size: 15 IN
  • Type of Feet: ADJUSTABLE
  • Drive Horsepower: 2
  • Type of Conveyors: SPIRAL CONVEYOR
  • Portable: NO
  • Guide Rails: YES
  • Year: 2010
  • Machinery Weight: 1500 LBS
  • Voltage: 220 VOLTS
  • Material of Construction: CARBON STEEL
  • CE Marked: NO
  • Phase: 3
  • Frequency: 60 HERTZ
  • Located in: ON, Canada

We buy Ryson MHBR 055-020-030-010 220 VOLTS 60 HERTZ CARBON STEEL 15 IN SPIRAL CONVEYOR Spiral Slats in bulk. Click here to get a free valuation.

Rohde and Schwarz CMW500 147679 100-240 VOLTS 50/60 HERTZ 850 VA | Miscellaneous

  • Serial Number: 147679
  • Machinery Dimensions: 21 x 19 x 8 IN
  • Current: 850 VA
  • Model: CMW500
  • Manufacturer Name: Rohde and Schwarz
  • Machinery Weight: 50 LBS
  • Recommended Packaging Form: 24C (28X24X22)
  • Voltage: 100-240 VOLTS
  • CE Marked: YES
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: San Jose, CA, USA

We buy Rohde and Schwarz CMW500 147679 100-240 VOLTS 50/60 HERTZ 850 VA in bulk. Click here to get a free valuation.

Spirent Communications GSS6300 00782399 | Miscellaneous

  • Serial Number: 00782399
  • Model: GSS6300
  • Manufacturer Name: Spirent Communications
  • Machinery Dimensions: 18 x 16 x 4 IN
  • Machinery Weight: 16 LBS
  • Recommended Packaging Form: 20C (28X20X20)
  • CE Marked: YES
  • Located in: San Jose, CA, USA

We buy Spirent Communications GSS6300 00782399 in bulk. Click here to get a free valuation.

Mettler Toledo PG1003-S/M 1125221147 1010 G 0.001 G 50/60 HERTZ 10 VA | Balances

  • Machinery Dimensions: 9.84 x 15.75 x 15.75 in
  • Current: 10 VA
  • Voltage: 9.5-17.5 AC or 9-20 DC VOLTS
  • Degree of Precision: 0.001 G
  • Capacity Size: 1010 G
  • Model: PG1003-S/M
  • Serial Number: 1125221147
  • Manufacturer Name: Mettler Toledo
  • Machinery Weight: 33.07 lb
  • CE Marked: YES
  • Recommended Packaging Form: CUSTOM
  • Frequency: 50/60 HERTZ
  • Phase: 1
  • Located in: Jalisco, Mexico

We buy Mettler Toledo PG1003-S/M 1125221147 1010 G 0.001 G 50/60 HERTZ 10 VA in bulk. Click here to get a free valuation.

Allerton Engineering Ltd. 1400 Liter no plate found 369.96 gal STAINLESS STEEL | Tanks

  • Machinery Dimensions: 41.34 x 49.21 x 122.05 in
  • Model: 1400 Liter
  • How Many Types of Agitation: SINGLE
  • Type of Bottom Head: DISHED
  • Capacity of Tank: 369.96 gal
  • Serial Number: no plate found
  • Manufacturer Name: Allerton Engineering Ltd.
  • Vertical or Horizontal: VERTICAL
  • Agitation: YES
  • Installation Type: LEGS
  • Type of Top Head: FLAT
  • Tank Material of Construction: STAINLESS STEEL
  • Machinery Weight: 881.84 lb
  • Jacketed: NO
  • CE Marked: NO
  • Located in: Lancashire, United Kingdom

We buy Allerton Engineering Ltd. 1400 Liter no plate found 369.96 gal STAINLESS STEEL in bulk. Click here to get a free valuation.

Libra SENS 350 | Labelers

  • Machinery Dimensions: 102.36 x 51.18 x 82.68 in
  • Model: SENS 350
  • Manufacturer Name: Libra
  • Machinery Weight: 1322.76 lb
  • Number of Labeling Heads: 1
  • Application Type: TAMP
  • Type of Labeler: INLINE
  • Located in: Europe

We buy Libra SENS 350 in bulk. Click here to get a free valuation.

Baratto B621 Cafe Zero 0 BAR | Dust Collectors

  • Machinery Dimensions: 47.24 x 31.50 x 70.87 in
  • Air Requirements: 0 BAR
  • Capacity Details: 0
  • Capacity Size: 0
  • Number of Drive Motors: 1
  • Hopper Collection Screw: 0
  • Rotary Airlock: 0
  • Purging Type: 0
  • Products Run: Cafe Zero
  • Model: B621
  • Manufacturer Name: Baratto
  • Capacity Speed: 0 CU FT/MIN
  • Machinery Weight: 1102.30 lb
  • Year: 2011
  • CE Marked: YES
  • Located in: Hungary

We buy Baratto B621 Cafe Zero 0 BAR in bulk. Click here to get a free valuation.

Abbott Laboratories 4667105 220-240 VOLTS 50/60 HERTZ 1200 AMPS | Chemistry Analyzers

  • Machinery Weight: 110.23 lb
  • Machinery Dimensions: 47.24 x 27.56 x 15.75 in
  • Current: 1200 AMPS
  • Voltage: 220-240 VOLTS
  • Serial Number: 4667105
  • Manufacturer Name: Abbott Laboratories
  • Frequency: 50/60 HERTZ
  • Recommended Packaging Form: CUSTOM PALLET
  • Located in: Switzerland

We buy Abbott Laboratories 4667105 220-240 VOLTS 50/60 HERTZ 1200 AMPS in bulk. Click here to get a free valuation.

Sorvall RT6000D SWING BUCKET 115 VOLTS 60 HERTZ 12 AMPS | Laboratory Centrifuges

  • Machinery Dimensions: 25 x 32 x 13 IN
  • Model: RT6000D
  • Manufacturer Name: Sorvall
  • Number of Positions: 4
  • Rotor Type: SWING BUCKET
  • Current: 12 AMPS
  • Machinery Weight: 200 LBS
  • Voltage: 115 VOLTS
  • CE Marked: NO
  • Frequency: 60 HERTZ
  • Recommended Packaging Form: PALLET
  • Located in: MA, USA

We buy Sorvall RT6000D SWING BUCKET 115 VOLTS 60 HERTZ 12 AMPS in bulk. Click here to get a free valuation.

CAM hf 2.9 | Horizontal Cartoners

  • Machinery Dimensions: 66.93 x 70.87 x 157.48 in
  • Model: hf 2.9
  • Machinery Weight: 2094.37 lb
  • Manufacturer Name: CAM
  • Year: 1990
  • Located in: Europe

We buy CAM hf 2.9 in bulk. Click here to get a free valuation.

LC Packing | HPLC

  • Manufacturer Name: LC Packing
  • Located in: North America

We buy LC Packing in bulk. Click here to get a free valuation.

Tektronix Inc. J17 B031825 | Miscellaneous

  • Serial Number: B031825
  • Model: J17
  • Machinery Dimensions: 20 x 24 x 6 IN
  • Manufacturer Name: Tektronix Inc.
  • Machinery Weight: 30 LBS
  • Located in: Salt Lake City, UT, USA

We buy Tektronix Inc. J17 B031825 in bulk. Click here to get a free valuation.

Process Solutions | Storage Totes

  • Machinery Dimensions: 72 x 56 x 39 IN
  • Capacity Size: 1 CU M
  • Manufacturer Name: Process Solutions
  • Machinery Weight: 560 LBS
  • Located in: UT, USA

We buy Process Solutions in bulk. Click here to get a free valuation.